Real Estate

RE Firm Celebrates 45 Years

Braintree, MA – The Peabody Companies, a group of award-winning property management and real estate firms, celebrated its 45th birthday as an organization on Jan. 9.

The Peabody Companies and its subsidiaries – Peabody Properties, Peabody Resident Services, Peabody Supportive Housing, Peabody Real Estate and Peabody Miami – was incorporated on Jan. 9, 1976, by the late Edward A. Fish, who is still considered one of the founding fathers of the affordable housing industry.  This family legacy is carried on by his two daughters – Karen Fish-Will, principal and CEO, and Melissa Fish-Crane, principal and COO – and it resonates strongly throughout the Peabody Companies today.

Since Fish-Will and Fish-Crane assumed the helm in 2010, the organization has steadily expanded, experiencing year over year growth to reach more than 13,650 apartment and condominium homes in their property management portfolio, most located in the Greater Boston area and many of which are affordable.

Presently, the Peabody Companies is working on establishing COVID vaccine clinics throughout several of their senior communities through the CDC’s Pharmacy Partnership for Long Term Care Program, ensuring that both their residents and front-line employees at those communities have access to the vaccine as soon as possible.

During their tenure, Fish-Will and Fish-Crane have also focused on the establishment of five veterans housing communities for formerly homeless veterans, as well as the emphasis on service-enriched housing through Peabody’s specialty sector, Peabody Resident Services.

As an organization that is also deeply committed to sustainability initiatives, Peabody has been an enthusiastic multi-family housing partner in the Better Buildings Challenge. Since joining in 2014, their long-term efforts toward energy efficiency have demonstrated firm commitment, as they are more than half-way toward their goal of 20% energy use reduction by 2022.  To date, the organization has exceeded $20.4 million in energy saving upgrades for their clients.

The Peabody Companies is a Woman Business Enterprise and is comprised of a team of more than 600 skilled professionals, boasting a collective total of over 500 industry designations and certifications.

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